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Company:
Franglo Ltd.
Plan:
Franglo, Inc. and Franglo South Inc. New Comparability Plan
 

Franglo Ltd.

19 Plan: Franglo, Inc. and Franglo South Inc. New Comparability Plan

 
 
19
18
58
82
0
10
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30
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60
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100
For the average 401k participant, the 63 point difference between this plan's BrightScope Rating (19) and the top rated plan (82) could equate to:
[How is this calculated?]
27 additional years of work
Up to $556,100 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Franglo, Inc. and Franglo South Inc. New Comparability Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 19. This plan is in the top 35% of plans for Participation Rate. Franglo, Inc. and Franglo South Inc. New Comparability Plan currently has over 300 active participants and over $1.6M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
23
Plan Average: 24
Top 3 Funds in this 401k
1. Wells Fargo Advantage Money Market 18%
2. Forward Tactical Growth 16%
3. Loomis Sayles Investment Grade Bond 8%

 Retirement Plan Details

Address 1818 East Elizabeth Ave
Linden, NJ 07036 
Industry Manufacturing
Administrator Frank Mason
Net Plan Assets $1,620,000
Total Participants 370
Avg Account Balance $4,400

  Plan Service Providers

Investment Adviser Royal Alliance Associates, Inc.
Recordkeeper Consulting Actuaries, Inc.
Auditor O'Connor Davies Munns & Dobbins LLP

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